BRIEF-Altius and Fairfax close strategic investment transaction
* Altius Minerals - Fairfax agreed to purchase, 5% preferred securities in aggregate amount up to $100 million, issuable in tranches of not less than $25 million
JOHANNESBURG, March 24 South Africa's Capitec Bank has purchased a 40 percent stake in Latvia's Creamfinance for 21 million euros ($22.67 million), the lender said on Friday.
The transaction is Capitec's first acquisition outside its home market where it has grown from a startup to a bank with nearly 8 million clients within 15 years. ($1 = 0.9264 euros) (Reporting by TJ Strydom; Editing by Joe Brock)
LONDON, April 27 A measure of house-building plans in Britain hit a 10-year high in early 2017 and demand for commercial property improved too, industry surveys showed on Thursday, easing concerns about the impact of last year's Brexit vote on the real estate market.